Question
In British India, the Home Charge was an important part of Drain of wealth. Which of the following funds constituted home charges?
Select the correct answer from the codes given below:
- Funds used to support the India office in London.
- Funds used to pay salaries and pensions of British personnel engaged in India.
- Funds used for waging wars outside India by the British.
Select the correct answer from the codes given below:
Answer: Option D
Answer: (d)
During the period of Colonial rule in India, the drain of wealth took place through various forms, main among them were; Home charges, civil and military charges and interest on foreign capital investments.
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Answer: (d)
During the period of Colonial rule in India, the drain of wealth took place through various forms, main among them were; Home charges, civil and military charges and interest on foreign capital investments.
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